fri. jan. 12/17
TRANSCRIPT
4.Cmpd interest and TVM.notebook
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January 13, 2017
Jun 610:16 AM
Fri. Jan. 12/17
1. Warm-up - review of compound interest present value2. Quiz3. Using the TVM solver to solve problems4. Practice5. Online financial simulator
Current Unit: #8 - Financial ApplicationsGoal: To be able to solve interest problems using the technology/TVM solver
http://www.grunderware.com/
Jan 122:50 PM
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January 13, 2017
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January 13, 2017
Nov 1210:06 PM
Quick Quiz
1. A $450 loan is repaid with $80 in interest after 9 months. What was the interest rate that was charged?
2. What is the difference between simple interest and compound interest?
Example
Example: Jason wants to buy a truck two years from now. He needs to have $15 000. How much must Jason put away today if his investment earns 5.8% compounded semi-annually?
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Jan 123:59 PM
Jan 124:03 PM
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May 710:51 PM
May 710:51 PM
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January 13, 2017
May 710:51 PM
May 710:52 PM
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January 13, 2017
May 710:52 PM
May 710:51 PM
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